What is a bid? What is the purpose of bidding?

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Construction Project Management A Complete Introduction

ISBN: 9780982703496

1st Edition

Authors: Alison Dykstra

See More Books

Question Posted: Jan 03, 2024 11:58 AM

See More Questions

What is a bid price, and what is an ask price?
You are a general contractor wishing to put up a modest-sized cement production plant on the outskirts of town. The plant would operate on only one 10-hour shift per day and would produce about 400...
A building contractor is preparing a bid on a new construction project. Two other contractors will be submitting bids for the same project. Based on past bidding practices, bids from the other...
Suppose that a product can be sold at split-off for $5,000 or processed further at a cost of $1,000 and then sold for $6,400. Should the product be processed further?
Use the transform technique to find vo(t) in the network in figure a if (a) i(t) = 4(e t e 2t) u (t) A and (b) i(t) = 12 cos 4t A
Guide questions: 1. What materials was used in each artwork? 2. Describe how the artwork was made.
Why are most engineers likely to have experience with deterministic risk and not probabilistic risk?
Meyer Co. forecasts merchandise purchases of $ 15,800 in January, $ 18,600 in February, and $ 20,200 in March; 40% of purchases are paid in the month of purchase and 60% are paid in the following...
1. Why is the name of the Industry Standard used to provide a uniform basis for the estimating of building works? Answer: 2. Briefly explain the meaning of 'Request for Tender' in relation to gaining...
During which stage does the contractor assemble his team? What is the difference between a prime contractor and a subcontractor?
Give two activities that happen during mobilization.
Which of the following statement is true for Commission on Issue of Shares ? A. It is shown in the Balance Sheet as a liability B. It is capitalised and shown in the Balance Sheet permanently C. It...
Can you pls answer each question specifically in Complete sentences, not bullet points? 1. How might you convince others that physical education class does not detract from studentlearning in other...
A well-functioning Ethics Infrastructure supports a public sector environment which encourages high standards of behaviour. What are the elements of infrastructure that can be categorised according...
Discussions: The days of working on an individual basis in the workplace are over. Positions that are not involved in a team, committee, or work group at some point during the year are extremely...
Let's say that you are cruising through Indeed.com and you run across the perfect job at the perfect company with the perfect salary, the perfect benefits, and the perfect location. There's only one...
Herzberg referred to demotivators in the workplace as hygiene factors. Hygiene factors are conditions that, if present, do not motivate, but if absent, can be significant demotivators. Relying on...
The Wal-Mart retail chain sells standardized items and enjoys great purchasing clout with its suppliers, none of which it owns. The Limited retail chain sells fashion goods and owns Mast Industries,...
The Thomas Corporation was organized on Jan. 1, 2020. On Dec. 31, 2021, the corporation lost most of its inventory in a warehouse fire before the year-end count of inventory was to take place. just...
Explain family brands. Should Best Buy carry its own dealer brands to compete with some of the popular manufacturer brands it carries? Explain your reasons.
In the past, Sears emphasized its own dealer brands. Now it is carrying more well-known manufacturer brands. What are the benefits to Sears of carrying more manufacturer brands?
What does the degree of brand familiarity imply about previous and future promotion efforts? How does the degree of brand familiarity affect the Place and Price variables?
What is the most accurate conclusion about traits and success as a leader?
Inc. settled an overdue account in the amount of $2,000 on January 16 with YYY Company. The customer signed a 30-day promissory note bearing 6% to the lender. What would be the JEs for both companies...
Eddie slick Haskell needs your tax advice regarding a recent stock transaction that didnt turn out the way he planned. On January 20, 2021, Slick purchased 100 shares of Tesla stock (ticker TSLA) for...

What is a bid? What is the purpose of bidding?

Question:

Step by Step Answer:

A bid is an offer made by an individual or firm to buy a product service asset or in some cases a co...View the full answer

Construction Project Management A Complete Introduction

Students also viewed these Business questions